$1,511,000 - $1,544,000
RENTED JUL 17, 2025
2 Beds
2.5 Baths
1,438 Sq Ft
9,187 Sq Ft Lot

Last Sold September 26, 2012

Last sale price $680,000 $473 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $9,217/month

Highlights

  • Ocean View
  • No Units Above
  • Gated Community
  • Hermosa View Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Bi-Centennial Park

About This Home

As of July 2025

Experience beachside living at its best in this spacious 2-bedroom, 2-bath penthouse just seven blocks from the ocean and steps from the beautiful greenbelt. With 1,438 sq ft of open living space, this top-floor unit offers ocean views, two private patio decks perched high above, and an airy layout perfect for relaxing or entertaining. The bright kitchen features granite counters and stainless-steel appliances, and both bedrooms come with their own en-suite bathrooms for added privacy. You’ll also enjoy ample storage, in-unit laundry, two parking spaces, and the peace of mind of a secure, gated entry.

Last Agent to Rent the Property

Thomas J. Powers

Powers Realty, Inc. Brokerage Phone: 310-944-5313 License #01812722 Listed on: 06/28/2025

Last Renter's Agent

Thomas J. Powers

Powers Realty, Inc. Brokerage Phone: 310-944-5313 License #01812722 Listed on: 06/28/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,103

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • Two or More Common Walls
  • South Facing Home
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Assigned Parking

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 1,438 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Living Room Balcony
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Hermosa View Elementary School
  • Hermosa Valley Middle School
  • Mira Costa High School

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Security Deposit $4,995
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/5/25
  • Tax Lot 1
  • Tax Tract Number 37389
  • Assessor Parcel Number 4188029088

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,103

Year Built

Built in 1985

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2025-07-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4995
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: HBR3*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 4188029088
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1438.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: front door
  • Common Walls: 2+ Common Walls, No One Above
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.47
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • View: Catalina, Ocean, Panoramic
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Hermosa
  • Elementary School: Hermosa View
  • Middle School: Hermosa Valley
  • High School: Mira Costa
  • Elementary School: Hermosa View
  • High School: Mira Costa
  • Middle Or Junior School: Hermosa Valley
  • Elementary School #2: HERVIE
  • High School2: MIRCOS

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9187.00
  • Lot Size Acres: 0.2109

Multi Family

  • First Repairs: 100
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 24 Months
  • Lot Size Area: 9187.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 6211.04
  • Tax Lot: 1
  • Tax Tract Number: 37389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Fong Muhui
Bought by
Fong Living Trust and Fong
Current Estimated Value
$1,528,469

Purchase Details

Closed on
May 22, 2003
Sold by
715 Third Street Corp
Bought by
Paris Sherrell

Purchase Details

Closed on
Aug 5, 2002
Sold by
Ray C Wayne and Ray Sharon L
Bought by
715 Third Street Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,525,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2002
Sold by
Ray C Wayne and Ray Sharon L
Bought by
Ray C Wayne and Ray Sharon L

Purchase Details

Closed on
Aug 24, 1994
Sold by
Ray C Wayne
Bought by
Ray C Wayne and Ray Sharon L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fong Living Trust -- None Listed On Document
Paris Sherrell $650,000 Stewart Title Company
715 Third Street Corp $2,625,000 Stewart Title
Ray C Wayne -- --
Ray C Wayne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Muhui $463,500
Previous Owner Paris Sherrell $500,000
Previous Owner 715 Third Street Corp $2,525,000
Closed 715 Third Street Corp $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Rented $4,995 0.0% --
07/17/2025 07/17/25 Under Contract -- -- --
06/28/2025 06/28/25 For Rent $4,995 +24.9% --
01/03/2021 01/03/21 Rented $4,000 -4.8% --
12/28/2020 12/28/20 Under Contract -- -- --
12/16/2020 12/16/20 Price Changed $4,200 -4.5% $3 / Sq Ft
11/19/2020 11/19/20 For Rent $4,400 +18.9% --
06/01/2015 06/01/15 Rented $3,700 -5.1% --
05/02/2015 05/02/15 Under Contract -- -- --
04/08/2015 04/08/15 For Rent $3,900 +21.9% --
12/15/2012 12/15/12 Rented $3,200 -3.0% --
11/14/2012 11/14/12 Under Contract -- -- --
10/12/2012 10/12/12 For Rent $3,300 0.0% --
09/26/2012 09/26/12 Sold $680,000 -5.4% $473 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
08/17/2012 08/17/12 Price Changed $719,000 -4.0% $500 / Sq Ft
07/30/2012 07/30/12 For Sale $749,000 0.0% $521 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $749,000 -- $521 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,103 $820,944 $482,910 $338,034
2023 $8,920 $804,848 $473,442 $331,406
2022 $8,760 $789,067 $464,159 $324,908
2021 $8,627 $773,596 $455,058 $318,538
2019 $8,403 $750,652 $441,561 $309,091
2018 $8,128 $735,934 $432,903 $303,031
2016 $7,725 $707,359 $416,094 $291,265
2015 $7,578 $696,734 $409,844 $286,890
2014 $7,324 $683,087 $401,816 $281,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25143860

California Regional Multiple Listing Service (CRMLS)

APN: 4188-029-088